Nigeria’s growth in renewable energy would reach 1 gigawatt (GW) by 2027, according to the International Energy Agency’s (IEA) 2022 Renewables Report.
The report estimates that between 2022 and 2027, Nigeria will add 1 GW of renewable energy capacity, less than the expected growth in South Africa, Ethiopia, Tanzania, Angola, and Kenya. The report also mentioned Nigeria’s lack of enabling policies for extensive renewable energy.
The IEA report predicts that by early 2025, renewable energy will overtake coal as the primary source of electricity generation worldwide.